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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s):  MGRUF | T.MRT.UN

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing properties in Canada consisting of approximately 8.2 million square feet of leasable space. It owns and manages a diversified portfolio of office, industrial, retail, multi-suite residential and hotel properties in North America. It is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT, a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT, an open-end Trust with a diversified portfolio of multi-suite residential assets across North America.


TSX:MRT.DB.A - Post by User

Comment by Shirtlessnomoreon Sep 17, 2020 5:27pm
179 Views
Post# 31578408

RE:Morguard continue to increase holdings.

RE:Morguard continue to increase holdings.Agree retired, I bought up a pile last week right down to 4.48, sold a bunch yesterday after a great couple days of up up up. Holding my core and collecting my divs on that, we may have some volatility to take advantage of is my hopes in the next little while to buy more. The insider buying is great and will help long term for sure. Cheers! . ....
RetiredCEO wrote:
286,875 Units @ 5.15 on July 15th

That's about another .90% of outstanding units. They own around 67% of all units outstanding now.

I believe they have to stop due to the blackout period, but may fire up more buying after the earnings release. Great buy for Morguard Corp. and adding to the confidence in Morguard REIT. It's very surprising how under appreciated REITs are in today's market.


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